people aren’t prepare for the possibility of zcash not making another high until 2028-2030
in its current cycle zcash is already up 50-100x from its 2024 low. a lot of people like to compare zcash price action to that of bitcoin’s in 2017 but if you are going to compare zcash to bitcoin you should consider the emission schedule. if you do that, zcash is where bitcoin was in 2018-2019, not in 2017. Back in 2018-2019, bitcoin was just starting its correction and accumulation phase prior to beginning a new cycle that would peak 3 years later in 2021. zcash is already down 30% and if it were to follow bitcoin, it would take a couple more years for it to make a new high again. I’m not sure people are prepare for this scenario
LBO retweeted
We're excited to announce that @overdotcomputer will be the next curated raise on October 29th.
Raise page: metadao.fi/companies/over-co…
LBO retweeted
Introducing over.computer
Rethinking prop firm incentive, we earn as you keep trading. Now you can own part of the platform too.
Join our curated raise with @MetaDAOProject on Thursday, 29 october. Open to all traders.
This quoted post is unavailable.
An interesting data point is that for the first time we’re seeing a raise that’s attracting a lot of interest from people that wouldn’t otherwise participate in a crypto ICO. some of these people don’t even know how to setup a wallet so they’ve been asking us how to deposit fiat
The Inner Table ($POKER) thesis:
> Cash cow of a business. It makes ~$1k/table a day. An average of 4 active tables a day gets you close to ~$100k in monthly revenue from the first month, just from low-stakes poker. Bigger tables/tournaments would mean more. This doesn’t even count the online side. You can buy this business at a $387K–$645K FDV right now
> Good founder who’s already cracked distribution. The founder already built a 600k subscriber youtube channel and scaled online/offline businesses around it to millions of dollars in revenue. Can use that same experience to grow an online/offline poker brand across India.
> Big, untapped market + regulatory tailwinds. India is just opening up to poker, and its population is a great fit for this market. Inner table is an early mover.
> A path to becoming a global brand. GGPoker started in Asia and became a billion dollar plus business. Inner Table is starting in India and has a realistic path to doing the same.
> Solana x WSOP confluence.
> $POKER = own a stake in the next GGpoker. If you're not familiar with GGpoker, suggest you read about it.
LBO retweeted
Backed @TheInnerTable on @backabledotbiz. Simple business, founder with built-in distribution, early in a market that’s just opening up.
> Liquidity is solved. Poker rooms live or die on full tables. @kirat_tw opens with 600k subs on YouTube and 125k followers on X.
> Content is the growth engine. GGPoker grew on streamers. Inner Table streams from its own studios, so every table becomes content.
> Trust wins a new market. Poker is newly legal in parts of India. A founder people already know (and an early Backpack engineer) gets them through the door.
> The math works even at the floor. 5% rake on every pot. Conservative case: 2 tables × $100/hr × 10 hrs × 30 days ≈ $60k/month per studio. Target is $100–200k/month per studio across 4–5 studios.
You can get in at a $387K–$645K valuation right now.
Great breakdown from @lbolord below!
The Inner Table ($POKER) thesis:
> Cash cow of a business. It makes ~$1k/table a day. An average of 4 active tables a day gets you close to ~$100k in monthly revenue from the first month, just from low-stakes poker. Bigger tables/tournaments would mean more. This doesn’t even count the online side. You can buy this business at a $387K–$645K FDV right now
> Good founder who’s already cracked distribution. The founder already built a 600k subscriber youtube channel and scaled online/offline businesses around it to millions of dollars in revenue. Can use that same experience to grow an online/offline poker brand across India.
> Big, untapped market + regulatory tailwinds. India is just opening up to poker, and its population is a great fit for this market. Inner table is an early mover.
> A path to becoming a global brand. GGPoker started in Asia and became a billion dollar plus business. Inner Table is starting in India and has a realistic path to doing the same.
> Solana x WSOP confluence.
> $POKER = own a stake in the next GGpoker. If you're not familiar with GGpoker, suggest you read about it.
LBO retweeted
Harkirat is building India's first streaming poker set & brand, and he's raising capital for it on @solana with @backabledotbiz.
If you don't know him, he's a tech YouTuber with > 500,000 subs.
I recently met Santhosh Suvarna, India's top earning player of all time, who became a viral sensation @wsop this summer.
Because of players like him, poker is exploding in popularity in India.
There's one bet in poker that never loses. I'm making it.
Welcome to The Inner Table.
The first hand hasn't been dealt yet. This is the only time you can sit down before it is.
Raising on chain on @solana @backabledotbiz
backable.biz/raises/BGyEf4Ew…
The Inner Table ($POKER) thesis:
> Cash cow of a business. It makes ~$1k/table a day. An average of 4 active tables a day gets you close to ~$100k in monthly revenue from the first month, just from low-stakes poker. Bigger tables/tournaments would mean more. This doesn’t even count the online side. You can buy this business at a $387K–$645K FDV right now
> Good founder who’s already cracked distribution. The founder already built a 600k subscriber youtube channel and scaled online/offline businesses around it to millions of dollars in revenue. Can use that same experience to grow an online/offline poker brand across India.
> Big, untapped market + regulatory tailwinds. India is just opening up to poker, and its population is a great fit for this market. Inner table is an early mover.
> A path to becoming a global brand. GGPoker started in Asia and became a billion dollar plus business. Inner Table is starting in India and has a realistic path to doing the same.
> Solana x WSOP confluence.
> $POKER = own a stake in the next GGpoker. If you're not familiar with GGpoker, suggest you read about it.
The Inner Table (@TheInnerTable) ICO is now open!
Follow this link to contribute: backable.biz/raises/BGyEf4Ew…
hear me out
imagine being able to get in on the ground floor of the next GGpoker
Launching tomorrow on @backabledotbiz
The Inner Table (@TheInnerTable) ICO opens tomorrow at 17:30 UTC!
The Inner Table is a poker and entertainment brand founded by @kirat_tw, building physical and online poker studios across India. Read all about it here: backable.biz/raises/BGyEf4Ew…
the @SyndicateGameHQ ICO is now live on @backabledotbiz
> first ever Backable raise
> first ever metadao permisionless launch where VCs are participating
> second metadao launch coming out of the colosseum accelerator (credible was the other one)
> ~$300k revenue run rate
> best-in-class retention metrics
> best-in-class team, ex backpack and Vector/Tensor (acquired by coinbase)
> launching at $679K–$2.72M valuation
> more than $250k already committed in the first 5 minutes
> @colosseum doubling down despite already owning a stake in the company
> nobody owns gaming, which means it's very contrarian which means potentially a generational spot
free
The Syndicate (@SyndicateGameHQ) ICO is now open!
Follow this link to participate: backable.biz/raises/EFUKEM6o…
LBO retweeted
t-75min until the @SyndicateGameHQ ICO
retention figures are v good even judging by the very best
they've been live for 19 weeks, and have generated close to $300k in revenue with 800+ players signing in to play every day
raised funds will be used to expand the game and market it to a broader, mainstream audience beyond the initial cohort of crypto-native players
roadmap includes a native mobile app for iOS and android as well as a seeker app for the solana dapp store and facebook free-to-play
watch this video and click on the raise page to learn more backable.biz/raises/EFUKEM6o…
my job is to find great founders and take their startups public on the internet, so one way I like to think about whether I’m doing a good job is by looking at whether I’m making you all money
if I find good founders building interesting products and IPO them at great prices, you all should make a ton of money over time
just know that I’m not involved in every metadao launch, but when I am, it’s because I’d invest in it myself. @SyndicateGameHQ is one of those
LBO retweeted
1/ We're excited to continue backing @nftimm and team as they launch their Backable ICO (by @MetaDAOProject).
The Syndicate was a Colosseum hackathon winner and part of our most recent accelerator batch.
The game has generated about $300k in revenue in the first few months.
The world doesn’t need another meaningless token.
It’s time to own the game you play.
Introducing $GANG.
The Syndicate ICO launches on @backabledotbiz this Wednesday, October 7.
LBO retweeted
The world doesn’t need another meaningless token.
It’s time to own the game you play.
Introducing $GANG.
The Syndicate ICO launches on @backabledotbiz this Wednesday, October 7.